Dec 28, 2012 12:00pm PST
on the table but there are reports of a compromise to raise tax rates for them. both sides say thar are disappointed. >> it is totally a lack of courage to deal with these issues. from washington to wall street there is a sense of gloom but the prospects of deal. here in dc a new furlough warning went out to federal workers, deep spending cuts and tax hikes go into effect for every 1 on new year's eve if congress doesn't take action. kyla campbell, ktvu channel 2 news. >> thanks, if the president and congress are not able to avoid the fiscal cliff experts say people here in california will be hit especially hard because prop 30 voted into law in november will mean higher sales taxes and income taxes on the state's top earners. the fiscal cliff would add to that, hitting all americans with higher taxes. >> i don't know there is a word to describe how pissed the public is going to be, nobody going to be happy to see that happen. >> if taxes go up on everybody it is not going to be a happy time but i think that is inevitably what is going to happen. >> the tax policy center says the lo
Dec 26, 2012 12:00pm PST
but will get politicians out of the bind. >> one stake point, the president's push to raise taxes on those making more than $250,000 a year. republican opposition to that plan. >>> some san francisco reward its employees for making healthy choices? that's the issue leaders debating as they look for ways to cut health care costs. a new study shows two thirds considered to be the healthiest are over weight or obese. doctors say it can lead to health problems, some say paying employees to eat better and exercise can save money in the long run. >>> holiday celebration still going for many of you but for some of lights and ornaments are starting to come down and the tree that have stood tall will only follow. new at noon, alex live in san francisco with the winter recycling program. >> reporter: the trees still up here in san francisco. of course across the city a lot of these trees starting to come down and workers san francisco's recycling program want to make sure the trees don't end up in the landfill. instead they want to put them to good use, eventually turning them into renewable energy.